Common use of Property of Employer Clause in Contracts

Property of Employer. All memoranda, notes, lists, records and other confidential and proprietary items (and all copies thereof) made or compiled by Executive or made available to Executive concerning the business of Employer, its subsidiaries or its affiliates and all equipment of Employer in Executive’s control or possession shall be Employer’s property and shall be delivered to Employer promptly upon the termination of Executive’s employment with Employer, or at any other time on request. It is the intention of the parties that the broadest possible protection be given to Employer’s trade secrets and other proprietary information and nothing in this Section 7.1.3 shall in any way be construed to narrow or limit the protection and remedies afforded by applicable law.